‘Dubai will have growth and sustainability with or without the Expo’ | GulfNews.com:
"When asked if Meydan’s plans for progress into the future, including hosting the 25th running of the Dubai World Cup, were poised to dovetail with the UAE hosting the World Expo in 2020, Al Tayer stated that his sights were fixed on the near future.
“I think we cannot lose sight of the next 12-24 months,” he stated. “We need to plan carefully. Expo 2020 is a nice added value for Dubai and the UAE, but I think that Dubai was on its way to an upturn regardless. Dubai plans for such events and has always been successful. Having the Expo in the year 2020 is just the icing on the cake. If you ask me, Dubai will have growth and sustainability with or without the Expo.”
Providing a perspective to the sudden increase in rentals, following the announcement that Dubai would host the Expo, Al Tayer reasoned, “ I don’t think it is a healthy trend to have uncapped or unreasonable hike in prices by using the Expo 2020 as an excuse."
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